Question
Give the formulae for computing:
- Coefficient of Standard Deviation.
- Coefficient of Variation.
- Variance.
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| Output (Units) | Price (₹) | Total Revenue (₹) | Marginal Revenue (₹) |
| 1 | 7 | - | - |
| 2 | 6 | - | - |
| 3 | 4 | - | - |
| 4 | 2 | - | - |
| Output (Units) | 1 | 2 | 3 | 4 | 5 | 6 |
| Marginal Cost (₹) | 20 | 16 | 18 | 19 | 21 | 24 |
| Q | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| SMC | - | 500 | 300 | 200 | 300 | 500 | 800 |